Business Fatwas

Salaam, Is zakat due and payable on my social security balance annually or it's only due at payable at the time of retirement? Salaam

Assalamu alaikum warahmatuALLAHi wabarakatuhu

Mufti Saheb

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imraan

Assalamualaikum Mufti Sahb I would like to enquire about arbitrage in Respect of cryptocurrency. For eg. South African exchanges sell and buy cryptocurrency at a higher rate thus would it be halaal for me to buy a bitcoin on an internation…

Assalamualaykum, I'd like to find out more about property investing via Easy Properties https://properties.easyequities.co.za/ Their model is - you buy into a group of properties, and are paid a dividend (rental income) every 3 months. The…

Assalamualaikum wrh wbh. 

Respected Sheikh Ismail Desai. 

Thanks a lot for your reply. 

Let me set out the transaction phase. 

A customer approaches bank to purchase gold. 

Customer deposit 25k as security deposit 

Bank p…

Dear Mufti Desai,

Thank you for your acknowledgement on participating of above mentioned subject, being a banker I am asking a question.

“Can we book foreign exchange in import & export transaction”.

I have had correspondence regarding this issue with your late father hazrat Mufti Ebrahim (may Allah fill his qabr with noor and grant him the highest stages in the aakhira ameen). He had issued me with a fatwa and a certificate at the tim…

Is ebucks Halal? Please also mention good shariah compliant investments?

Is hair transplant permissible?

Please see the attached copy of how the cattle investment is working.